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The following information is avallable: 1. Deposit in transit, $2,965. 2. Credit memo in bank statement for interest earned in June, $20. 3. Outstanding check,

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The following information is avallable: 1. Deposit in transit, $2,965. 2. Credit memo in bank statement for interest earned in June, $20. 3. Outstanding check, $3,624. 4. Debit memo for service charge, $6. Required: Determine the true cash balance by preparing a bank reconcillation as of June 30 , Year 2 , using the preceding information. Note: Negative amounts should be indicated with minus sign

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